Dec 28, 2012 11:00am EST
price in recession and the prospect of a down grade of u.s. debt once again, back on the table. bob, head of fixed income for vanguard with about three quarters of a trillion dollars under management in money market and bond as sets. bob, i don't know how you sleep at night given the pressure of handling that much money. think about that often. good to see you. >> good to see you. dagen: bob, what do you think of what's happening? washington? what happens in the bond market if recession becomes more likely? >> well, clearly, volatility kicks up a lot, and you're going to see decline in treasury yields and probably a rise in the spread differentials of corporate bonds and other credit backed bonds relative to treasuries so it's not going to be a pretty picture for our bond holder. you know, that said, they are ultimately going to fix this, by they will put us through hell in between. dagen: bob, looking at the -- all the classes of fixed income, the out performance over treasuries in all grades of corporates, even in municipal bonds, but particularly, you start looking at the lower g
Dec 1, 2012 12:00am EST
: paying last bit of income. >> right. melissa: bob what do you think about this? >> well, i think the bigger issue higher tax rates slow down the economy and in a slow economy as we're facing now to be raising rates even higher, i can't imagine any economist really supporting that, regardless what is going on the fiscal side. melissa: you're sing this is the entire wrong conversation to be having anyway, talking about taking more money away from individuals and giving it to the govnment is not good for the economy no matter what? >> exactly. particularly when the economy is weak. even keynesian economists will tell you that is not the rightime to raise taxes. >> i don't think so. we have a lot of kensyians are saying there is no demand. government has to make up for the demand that doesn't ext from consumers. that means you have to give them money to go out there and spend, no? >> they wld say you spend but noo say tax at the same time. they would say that will counteract whatever spending you do, the tax increases. i think what you need to do is actually cut spending. at a minimu
Dec 5, 2012 7:00pm EST
for your comments. rick said we are not amused with bob costas comments on the murder suicide. is everyone who doesn't agree with you a left-wing radical? no. another common is that the media has been talking about the nfl murder suicide. now we are talking about limited citizens gun rights. when we talk about the drugs that were taken by the nfl player? thank you for being with us tonight can i help you? i heard you guys can ship ground for less than thups store. that's right. i've learned the only way to get a holiday deal is to camp out. you ow we've been open all night. is this a trick to get my spot? [ male announcer r ] break from the holiday stress. save on ground shipping at fedex office.
Dec 10, 2012 5:00pm EST
who have said they're going back on the pledge, lindsey graham, bob corker, tom coburn, lamar alexander, eric cantor, what do you do at this point to keep the fight going? or do you think that it is necessary to concede a little bit of ground? >> well, two things. the senators, the republican senators to a certain extent don't matter because the democratic senate can pass a tax increase if they want the senaaors you mentioned would only vote for a tax increase if they got massive permanent entitlement reforms of the kind that harry reid and the president have announced they're not doing. so even if coburn broke his commitment to the people of oklahoma, which he got a elected with a written commitment not to raise taxes at all, his new statement is, he might raise tax as little if he got permanent reform. melissa: do you ffle the tide is turning against you and necessary to give in a little bit to get a deal done or not? >> okay. there is no need to raise taxes to get a deal. obama two years ago extended all the bush tax cuts for two years. there is no reason not to do that aga
Dec 12, 2012 5:00pm EST
sinatra is davis, and bob barker, he is super famous. >> is he still alive. melissa: a
Dec 13, 2012 12:00am EST
famous people born on 12/12 i would imagine. melissa: frank sinatra is davis, and bob barker, he is super famous. >> is he still alive.
Dec 20, 2012 5:00pm EST
. if i lived in brazil. bob's is one of the most poplar fast-food joints in the country is now serving up burgers with edible wrappers. the ad campaigns claim the customers want the food so badly they can't wait to unwrap it. here to chew through all the details including the wrapper, my favorite branding expert bruts turk kel. thanks for coming back to the show. >> sure. melissa: is this marketing genius? they shof the whole burger in their mouth because it is delicious? >> from a mark the asking point of view, the burger is so good. they can't wait. they have to tear into it. that is kind of like wearing crocs because you don't want to take your shoes off to take a shower. i'm not sure people will buy that but another thing to think about. 17% of the fast-food in the country is in cars. why they have french toast sticks and burger bites and clicken tend ders. the big messy burgers like the one you like you can't eat in the car. if they can wrap them up take them in the car, those are suvs for fast-food companies. that is where they make the money. melissa: i hear you on that point. it m
Dec 27, 2012 1:00pm EST
the safe place to put your money? bob will weigh in next. lori: interest rates, people snapping up on less less security for their money. the ten year note is pushing down the yield to 1.70% level, after 30 years, 2.7% and down four basis points. joe woods' f. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, hll find some good people to help guide him, nde'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> i am adam shapiro. ford planning to invest $770 million on new equipment and capacity, 6 manufacturing facilities in southeast michigan, the automaker says it is part of a commitment of $6 billion in plants nationwide by 2015. nokia selling its lineup of smart phone that discounted post holiday prices. wall street journal reports it is betting on the success of its new phones to soften the bl